MicroAlgo Inc. (NASDAQ:MLGO) Short Interest Down 21.9% in September

MicroAlgo Inc. (NASDAQ:MLGO) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 776,200 shares, a decline of 21.9% from the September 15th total of 993,400 shares. Based on an average daily trading volume, of 26,240,000 shares, the short-interest ratio is presently 0.0 days.

MicroAlgo Trading Down 9.0 %

Shares of NASDAQ:MLGO traded down $0.03 during trading on Tuesday, reaching $0.34. 39,216,711 shares of the stock traded hands, compared to its average volume of 13,310,337. The stock has a 50-day moving average of $0.40 and a two-hundred day moving average of $2.78. MicroAlgo has a 52-week low of $0.19 and a 52-week high of $156.00.

MicroAlgo Company Profile

MicroAlgo Inc develops and applies central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People’s Republic of China, Hong Kong, and internationally. The company operates through two segments, Central Processing Algorithm Services, and Intelligent Chips and Services.